Lynne Eliopoulos
ERA Key Realty Services | 508-832-1032 | [email protected]


Posted by Lynne Eliopoulos on 4/11/2021

Let's face it Ė hosting an open house may seem like a major hassle. Cleaning a home and getting it ready for an open house could prove to be costly and time-consuming. Plus, despite your best efforts to prep for an open house, there are no guarantees that the event ultimately will help you sell your residence.

Although hosting an open house initially may seem difficult, the advantages of holding an open house generally outweigh the disadvantages. In fact, there are many reasons why you should host an open house, and these include:

1. You can gain a competitive edge.

The real estate market is fierce, especially for sellers who are competing against one another for buyers' attention. Fortunately, an open house can help you gain an advantage over the home selling competition, as it enables you to show off your residence to large groups of potential buyers in a short period of time.

When it comes to selling a home, it helps to explore any competitive advantage that you can get. And if you host an open house, you may boost your chances of differentiating your home from the competition and generating lots of interest in your residence.

2. You can make it easy for buyers to picture what life would be like if they purchase your home.

A detailed home listing can make a world of difference for buyers. Yet a home listing alone probably won't drive buyers to instantly submit an offer to purchase your residence. Thankfully, an open house provides buyers with a stress-free opportunity to check out your house and determine whether to proceed with an offer.

Of course, during an open house, buyers can picture what it would be like if they own your residence. And if buyers like what they see, it may be only a matter of time before you finalize a home sale following an open house.

3. You can increase the likelihood of a fast, profitable home sale.

As a seller, you should strive to promote your residence to as many potential buyers as possible. With an open house, you'll be able to do just that.

An open house makes it simple to showcase your residence to dozens of prospective buyers at the same time. Meanwhile, the event empowers buyers to learn about your residence and gain deep insights into the condition of your house. And if a buyer is impressed with your residence after an open house, the likelihood increases that an offer could come your way soon that leads to a fast, profitable home sale.

As you try to sell your house, you may want to hire a real estate agent too. A real estate agent knows the ins and outs of selling homes and can teach you everything you need to know about how to host a successful open house. Perhaps best of all, a real estate agent can help you achieve the optimal results at each stage of the home selling journey.





Posted by Lynne Eliopoulos on 2/21/2021

Receiving a low offer on a home can be frustrating for a seller. But, youíre likely to see at least one or two offers on your property that are lower than you would like.

Right now, the housing market is filled with young professionals burdened with student loans, rising costs of living, and stagnating wages. So, itís no wonder that theyíre trying to save money anywhere they can.

In todayís post, weíre going to talk about what to do when you get a low offer so you can set yourself up for a sale that youíre happy with.

Donít refuse outright

The first thing to know about low offers is that they can sometimes turn into something that both you and the buyer are happy with. Many successful home sales started at a number that the seller considered too low, but--through negotiation--was brought to a higher price and better deal overall.

Many sellers are uncomfortable with the idea of negotiation. Most people seldom negotiate prices unless they are buying a car, and even then would prefer to avoid the hassle.

For others, negotiation is a normal part of everyday life. Flatout refusing an offer, especially if you arenít receiving many other higher offers, could be a missed opportunity.

Compare your asking price with similar homes nearby

Odds are that you and your agent have already done your research and found an asking price that is comparable in your neighborhood. But home prices fluctuate. To reassure yourself that your asking price is fair, take another look at homes up for sale that are around the same age and size of your home.

Take time to craft a counteroffer

Once youíve had time to talk the offer over with your family and real estate agent (and maybe vented a bit), itís time to come up with a counteroffer.

There are a few options for making a counteroffer that donít involve significantly lowering the amount you stand to gain from the home sale. First, you could offer to relieve the buyer of some of the closing costs, such as paying for the inspection. Or, if you planned on leaving new appliances in the home, you could lower your asking price but take the appliances when you move.

Weigh your options

If the buyer still wonít raise their offer close to your asking price, itís probably a good time to move on and rethink your sale strategy.

Take some time to consider the sale as a whole. If you arenít receiving many other offers, it might be time to consider lowering to price or rethinking your marketing plan. You might consider repainting and taking new photos, or changing up your listing to highlight some other features of the house.





Posted by Lynne Eliopoulos on 12/6/2020

If youíre looking to increase the value of your home before you sell, there are certain things that you can do to attract buyers and get a high return on your investment in your home. Thereís only so much time and money that you have to invest in your home. You will be purchasing a new place most likely and will need some capital for that. Read on for some tips on how to cheaply and efficiently make some quick improvements to your home. 


Stage Your Home 


You donít have to create a significant expense to make changes to your home. If thereís one thing you should know about selling your home, you should make an appearance. Clear out the clutter in your home. Then, take some time to stage it. No one who is touring your home should see your personal papers, childrenís toys, and celebrity shrines. Think minimalistic when it comes to the things that need to be in your home when itís put on the market. Having a clean house can make all the difference in selling your home.


First Impressions Are Everything


A mess never makes a good first impression. If things appear in disarray around the property, itís going to deter interest in the home. Make sure the yard looks presentable. Add some plants to the outside of the house. A simple clean up can make a big difference in the property. 


The Kitchen And The Bathroom Are Points Of Interest


People pay particular attention to the kitchen and bathrooms of a home. One reason for this is that these rooms are particularly expensive to renovate. At the very least make sure that these rooms are clean. If you have the time and funds to replace tiles, or replace the sink, definitely complete these projects. 


Donít Try To Take On Projects Yourself


Itís important to recognize what you can and canít do. Hiring a professional to complete your projects can make a big difference. If you donít have a grasp on home renovation procedures, an improvement can turn into a nightmare. It could end up costing you more money and time in the long run. 


Hire A Real Estate Agent


Hire a real estate agent to help you sell your home. Real estate agents understand how to price and market a home for an optimal sale. Fees for sellerís agents are very reasonable and worth it if you want a good price for your home.  


As you can see, there are many simple ways you can get more value out of your home when you head to sell it.            





Categories: Selling Your Home   Real estate  


Posted by Lynne Eliopoulos on 11/8/2020

Selling a house is no small feat, particularly in a competitive real estate market. As such, home sellers may be prone to make mistakes if they don't plan ahead for potential pitfalls.

Common home selling mistakes include:

1. Listing a Home Without Performing Housing Market Research

Let's face it Ė selling a house can be stressful. In many instances, home sellers will want to speed through the home selling journey Ė something that may lead these sellers to list residences without evaluating the real estate market in advance.

Spending even a few minutes looking at the prices of homes in your city or town may make a world of difference. Ultimately, the more housing market research that you perform, the more likely it becomes that you'll be able to optimize the value of your house.

Take a look at the prices of available homes in your city or town that are similar to your own. Also, evaluate the prices of recently sold houses in your area. With this housing market data at your disposal, you'll be better equipped than ever before to price your residence competitively and boost your chances of a profitable home sale.

2. Accepting an Initial Offer on a Residence

The first offer that you receive on a residence may prove to be the best offer. However, in some cases, the initial offer may fall short of your expectations.

Immediately accepting the initial offer on a residence may prove to be costly. Fortunately, a home seller who understands the housing market can take a data-driven approach to determine how to proceed with any offer, at any time.

Performing a home appraisal before you list your residence can provide valuable insights into a property's value. Then, you can list your house for a competitive price, one that helps generate substantial interest in your house and may lead to offers at, near or above your initial asking price.

In addition, don't forget to consult with a real estate agent. If you receive a home offer and are unsure about whether to accept, reject or counter it, a real estate agent can provide expert advice to help you make an informed decision.

3. Ignoring a Real Estate Agent's Recommendations

A seller's agent is committed to helping you optimize the value of your residence, and this housing market professional will offer recommendations as you sell your house to ensure you that can get the best results possible.

If you ignore a real estate agent's recommendations, you may miss out on a golden opportunity to sell your house. A real estate agent provides housing market analysis and insights, along with honest, unbiased recommendations about how to overcome a wide range of home selling hurdles.

Furthermore, a real estate agent always has a home seller's best interests in mind. This housing market professional also is available to respond to a home seller's questions, guaranteeing that a home seller is fully supported at each stage of the home selling journey.

Ready to sell your house? Collaborate with a real estate agent, and you should have no trouble achieving your desired results.





Posted by Lynne Eliopoulos on 9/20/2020

Every home seller wants to enjoy a positive property selling experience. Yet ensuring your home selling strategy goes according to plan may be difficult, particularly for a seller who lacks property selling expertise. Lucky for you, we're here to provide the help you need to achieve the optimal results at each stage of the home selling journey.

Now, let's take a look at three tips to help you reap the benefits of a positive home selling experience.

1. Set an Aggressive Initial Home Asking Price

How you price your home will have a significant impact on how quickly your residence sells. If you establish an aggressive initial home asking price, you should have no trouble stirring up plenty of interest in your residence as soon as your home becomes available.

Check out the prices of available houses in your area that are similar to your own residence. Then, you can establish a price range for homes in your area and price your house accordingly.

Furthermore, it often helps to evaluate the prices of recently sold houses in your city or town. With this housing market data at your disposal, you can find out whether you're getting ready to sell your home in a buyer's or seller's market.

2. Remove Clutter

Clutter is problematic, particularly for a home seller who wants to streamline the property selling cycle. Fortunately, home sellers who identify clutter now can eliminate this problem before they list their houses.

Antiques, paintings and other excess items inside your home should be removed. You can always rent a storage unit, which will enable you to keep these items safe until you sell your house. Or, you can host a yard sale or sell excess items online prior to listing your residence.

Don't forget to remove lawn decorations and other clutter from outside your house as well. By doing so, you can instantly improve your house's curb appeal and increase the likelihood of a fast, profitable home sale.

3. Consult with a Real Estate Agent

A real estate agent is prepared to do everything possible to ensure you can enjoy a positive house selling experience. In fact, this housing market professional will offer plenty of support at each stage of the home selling journey.

Usually, a real estate agent will meet with you before you list your house. He or she then will craft a home selling strategy designed to help you accomplish your home selling goals. Next, a real estate agent will promote your house to dozens of potential buyers, set up home showings and open house events and keep you up to date about any offers to purchase your residence. And if you decide to accept an homebuying proposal, a real estate agent will guide you through the home closing process.

Ready to reap the benefits of a positive home selling experience? Take advantage of the aforementioned tips, and you can seamlessly navigate the home selling journey.